Global Toluene Market Report 2024

Toluene Global Market Report 2024 – By Type (Benzene and Xylene, Solvents, Gasoline Additives, TDI (Toluene diisocyanate), Trinitrotoluene, Benzoic acid, Benzaldehyde), By Production Process (Reformation Process, Pigs Process, Coke/Coal Process, Styrene Process), By Application (Drugs, Dyes, Blending, Cosmetic Nail Products, Other Applications (TNT, Pesticides, and Fertilizers)), By End User Industry (Building and Construction, Automotive, Oil and Gas, Consumer Appliances) – Market Size, Trends, And Global Forecast 2024-2033

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Toluene Market Definition And Segments

Toluene is a colorless flammable liquid obtained from coal tar or petroleum. It is used in aviation fuel and other high-octane fuels, dyestuffs, and explosives. Toluene is also used as a solvent for gums and lacquers.

The main types of toluene market are benzene and xylene, solvents, gasoline additives, TDI (toluene diisocyanate), trinitrotoluene, benzoic acid, and benzaldehyde. Benzoic acid is a white crystalline acid C6H5COOH that can be found naturally or synthesized. It is primarily used as a food preservative, an antifungal agent in pharmaceuticals, and in organic synthesis. The production processes are the reformation process, pig’s process, coke/coal process, and styrene process. The various applications are drugs, dyes, blending, cosmetic nail products, and other applications (TNT, pesticides, and fertilizers). The various end-users are hospitals, ambulatory surgery centers, and others.

The toluene market covered in this report is segmented –

1) By Type: Benzene and Xylene, Solvents, Gasoline Additives, TDI (Toluene diisocyanate), Trinitrotoluene, Benzoic acid, Benzaldehyde

2) By Production Process: Reformation Process, Pigs Process, Coke/Coal Process, Styrene Process

3) By Application: Drugs, Dyes, Blending, Cosmetic Nail Products, Other Applications (TNT, Pesticides, and Fertilizers)

4) By End User Industry: Building and Construction, Automotive, Oil and Gas, Consumer Appliances

The toluene market size has grown steadily in recent years. It will grow from $29.7 billion in 2023 to $30.96 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historic period can be attributed to petroleum industry growth, polyurethane production, expanding chemical manufacturing, printing and rubber industries, adhesive and sealant industry.

The toluene market size is expected to see steady growth in the next few years. It will grow to $36.89 billion in 2028 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to renewable and sustainable alternatives, evolving regulations, shift in automotive industry, fluctuations in crude oil prices, health and environmental concerns. Major trends in the forecast period include technological innovations, growing demand in the chemical industry, focus on bio-based toluene production, fluctuating crude oil prices, and regional market dynamics.

Expanding Aromatic Production Capacity Meeting The Soaring Demand For Toluene In The Petrochemical Industry

The emerging demand for aromatics in the petrochemical industry has contributed to the growth of the toluene market. Aromatics are petroleum-derived forms of hydrocarbons, composed primarily of carbon and hydrogen elements. Toluene is a common aromatic, used as a chemical feedstock, solvent, and fuel additive in the chemical industry. To cater to the growing demand, companies are investing in expanding their production capacity. For instance, in July 2023, the U.S. Energy Information Administration, a US-based government agency, total world petroleum consumption was about 97.26 million b/d. Therefore, increasing demand in the petrochemical industry is driving the toluene market. Therefore, the growing demand for aromatics in end-use industries is driving the toluene market.

Driving Forces Behind Toluene Market Growth In The Automotive Industry

Increasing demand for the toluene in automotive industry is expected to propel the growth of the toluene market going forward. The automotive industry is a vast and complex sector that encompasses the design, development, manufacturing, marketing, and sale of motor vehicles, including cars, trucks, motorcycles, and other vehicles. Toluene is a common solvent in the automotive paint and coating industry that is found in automotive paints, primers, and clear coats that helps dissolve the paint's resins and ensures a smooth application. For instance, in May 2023, according to a report published by the European Automobile Manufacturers' Association (ACEA), a Belgium-based lobbying and standards group of the automobile industry in the European Union, around 85.4 million motor vehicles were produced worldwide in 2022, a 5.7% increase over 2021. Furthermore, according to the International Organization of Motor Vehicle Manufacturers, an international trade association representing 39 national automotive industry trade associations, the total production of cars and commercial vehicles in 2021 was 80,145,988, which increased to 85,016,728 in 2022. Therefore, the Increasing demand of the toluene in automotive industry is driving the toluene market.

Major companies operating in the toluene market report are China National Petroleum Corp., Exxon Mobil Corporation, Royal Dutch Shell PLC, TotalEnergies SE, BP Chemicals PLC, Valero Energy Corp., Reliance Industries Ltd., BASF SE, INEOS Group Holdings S.A., CNOOC Ltd., SK Innovation Co. Ltd., Saudi Basic Industries Corporation., LyondellBasell Industries N.V., Mitsubishi Chemical Corporation, China Petroleum & Chemical Corporation, Sherwin-Williams Company, Covestro AG, Braskem SA, Mitsui Chemicals Inc., DuPont de Nemours Inc., S.K. Global Chemical Co. Ltd., Formosa Plastics Corp., Nova Chemicals Corp., Stepan Company, Koch Industries Inc., GS Caltex Inc., JX Nippon Oil and Energy Corp., Chevron Phillips Chemical Company LLC

Navigating Price Volatility Crude Oil Fluctuations And Their Impact On The Toluene Market

Fluctuations in crude oil prices have always been a major challenge in the toluene market as selected fractions of petroleum are used as raw materials for producing toluene. Toluene prices are constantly changing owing to factors such as instability in the prices of crude oil and variations in demand and supply. For instance, according to the annual Energy Outlook 2021 report by the US Energy Information Administration, a principal agency responsible for collecting, analyzing, and disseminating energy information, the average Brent crude prices are expected to be at $61/bbl. (barrel) in 2025 and $73/bbl. in 2030. This rise will increase the operating expenses and thereby impact the growth of the toluene market.

Rising Adoption Of Toluene Di-Isocyanides (TDI) In Flexible Foam Manufacturing A Catalyst For Market Growth

Toluene di-isocyanides is increasingly being used as a raw material in the manufacturing of flexible foam applications. Toluene di-isocyanides (TDI) is a chemical used in polyurethane production, especially in flexible foam applications such as furniture and bedding, and also in packaging applications. According to 'The Furnishing Report' in the UK, toluene di-isocyanides is one of the main ingredients used in the manufacturing of flexible polyurethane foams, one of the key components used in the UK furniture manufacturing industry. Increasing the use of toluene di-isocyanides will contribute to the growth of the market.

Pioneering Sustainability Braskem's Strategic Partnership With Nxtlevvel Biochem For Levulinic Acid Derivatives

Major companies operating in Toluene collaborating to increase their revenue in the market. For instance, in May 2021, Braskem, a Texas-based company engaged in sustainable solvents such as toluene, partnered with NXTLEVVEL Biochem for an undisclosed amount. This partnership aims to identify markets for derivatives of levulinic acid¹ by leveraging the strength of technology along with Braskem's market-leading position in solvents. NXTLEVVEL Biochem is a Netherland-based company engaged in high-performance solutions for sustainable chemistry. Furthermore, in August 2021, BASF a German-based company engaged in Toluene Diisocyanate partnered with SINOPEC to further expand their Verbund site. The partners would expand the production capacities of propionic acid, propionic aldehyde, ethyleneamines, ethanolamine’s, and purified ethylene oxide, and build a new tert-butyl acrylate plant. SINOPEC is a China-based company engaged in mixed xylenes and benzene in an aromatics complex through the disproportionation of toluene.

Strategic Acquisition Lanxess Strengthens Market Position Of Emerald Kalama Chemical

In August 2021, LANXESS, a German specialty chemicals company acquired Emerald Kalama Chemical for $1.04 billion. The acquisition will boost the growth of LANXESS and strengthens its position in the market. Emerald Kalama Chemical is a US-based chemicals company that also processes toluene into chemicals for food, flavor, fragrance, and pharmaceutical industries.

Asia-Pacific was the largest region in the toluene market in 2023. Middle East was the second-largest region in the toluene market report. The regions covered in the toluene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the toluene market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The toluene market consists of the sales of toluene used for glues, paints, paint thinners, printing ink, rubber, leather tanners, and silicone sealants. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The toluene market research report is one of a series of new reports from The Business Research Company that provides toluene market statistics, including toluene industry global market size, regional shares, competitors with a toluene market share, detailed toluene market segments, market trends, and opportunities, and any further data you may need to thrive in the toluene industry. This toluene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Toluene Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $30.96 billion
Revenue Forecast In 2033 $36.89 billion
Growth Rate CAGR of 4.5% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Benzene and Xylene, Solvents, Gasoline Additives, TDI (Toluene diisocyanate), Trinitrotoluene, Benzoic acid, Benzaldehyde
2) By Production Process: Reformation Process, Pigs Process, Coke/Coal Process, Styrene Process
3) By Application: Drugs, Dyes, Blending, Cosmetic Nail Products, Other Applications (TNT, Pesticides, and Fertilizers)
4) By End User Industry: Building and Construction, Automotive, Oil and Gas, Consumer Appliances
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled China National Petroleum Corp.; Exxon Mobil Corporation; Royal Dutch Shell plc; TotalEnergies SE; BP Chemicals plc; Valero Energy Corp.; Reliance Industries Ltd.; BASF SE; INEOS Group Holdings S.A.; CNOOC Ltd.; SK Innovation Co. Ltd.; Saudi Basic Industries Corporation.; LyondellBasell Industries N.V.; Mitsubishi Chemical Corporation; China Petroleum & Chemical Corporation; Sherwin-Williams Company; Covestro AG; Braskem SA; Mitsui Chemicals Inc.; DuPont de Nemours Inc.; S.K. Global Chemical Co. Ltd.; Formosa Plastics Corp.; Nova Chemicals Corp.; Stepan Company; Koch Industries Inc.; GS Caltex Inc.; JX Nippon Oil and Energy Corp.; Chevron Phillips Chemical Company LLC
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    Table Of Contents

    1. Executive Summary

    2. Toluene Market Characteristics

    3. Toluene Market Trends And Strategies

    4. Toluene Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Toluene Market Size and Growth

    5.1. Global Toluene Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Toluene Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Toluene Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Toluene Market Segmentation

    6.1. Global Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Benzene and Xylene

    Solvents

    Gasoline Additives

    TDI (Toluene diisocyanate)

    Trinitrotoluene

    Benzoic acid

    Benzaldehyde

    6.2. Global Toluene Market, Segmentation By Production Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Reformation Process

    Pigs Process

    Coke/Coal Process

    Styrene Process

    6.3. Global Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Drugs

    Dyes

    Blending

    Cosmetic Nail Products

    Other Applications (TNT, Pesticides, and Fertilizers)

    6.4. Global Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Building and Construction

    Automotive

    Oil and Gas

    Consumer Appliances

    7. Toluene Market Regional And Country Analysis

    7.1. Global Toluene Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Toluene Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Toluene Market

    8.1. Asia-Pacific Toluene Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Toluene Market

    9.1. China Toluene Market Overview

    9.2. China Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Toluene Market

    10.1. India Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Toluene Market

    11.1. Japan Toluene Market Overview

    11.2. Japan Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Toluene Market

    12.1. Australia Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Toluene Market

    13.1. Indonesia Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Toluene Market

    14.1. South Korea Toluene Market Overview

    14.2. South Korea Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Toluene Market

    15.1. Western Europe Toluene Market Overview

    15.2. Western Europe Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Toluene Market

    16.1. UK Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Toluene Market

    17.1. Germany Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Toluene Market

    18.1. France Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Toluene Market

    19.1. Italy Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Toluene Market

    20.1. Spain Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Toluene Market

    21.1. Eastern Europe Toluene Market Overview

    21.2. Eastern Europe Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Toluene Market

    22.1. Russia Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Toluene Market

    23.1. North America Toluene Market Overview

    23.2. North America Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Toluene Market

    24.1. USA Toluene Market Overview

    24.2. USA Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Toluene Market

    25.1. Canada Toluene Market Overview

    25.2. Canada Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Toluene Market

    26.1. South America Toluene Market Overview

    26.2. South America Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Toluene Market

    27.1. Brazil Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Toluene Market

    28.1. Middle East Toluene Market Overview

    28.2. Middle East Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Toluene Market

    29.1. Africa Toluene Market Overview

    29.2. Africa Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Toluene Market Competitive Landscape And Company Profiles

    30.1. Toluene Market Competitive Landscape

    30.2. Toluene Market Company Profiles

    30.2.1. China National Petroleum Corp.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Exxon Mobil Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Royal Dutch Shell plc

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. TotalEnergies SE

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. BP Chemicals plc

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Toluene Market Other Major And Innovative Companies

    31.1. Valero Energy Corp.

    31.2. Reliance Industries Ltd.

    31.3. BASF SE

    31.4. INEOS Group Holdings S.A.

    31.5. CNOOC Ltd.

    31.6. SK Innovation Co. Ltd.

    31.7. Saudi Basic Industries Corporation.

    31.8. LyondellBasell Industries N.V.

    31.9. Mitsubishi Chemical Corporation

    31.10. China Petroleum & Chemical Corporation

    31.11. Sherwin-Williams Company

    31.12. Covestro AG

    31.13. Braskem SA

    31.14. Mitsui Chemicals Inc.

    31.15. DuPont de Nemours Inc.

    32. Global Toluene Market Competitive Benchmarking

    33. Global Toluene Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Toluene Market

    35. Toluene Market Future Outlook and Potential Analysis

    35.1 Toluene Market In 2028 - Countries Offering Most New Opportunities

    35.2 Toluene Market In 2028 - Segments Offering Most New Opportunities

    35.3 Toluene Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Toluene Market, Segmentation By Production Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Toluene Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Toluene Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: China National Petroleum Corp. Financial Performance
  • Table 76: Exxon Mobil Corporation Financial Performance
  • Table 77: Royal Dutch Shell plc Financial Performance
  • Table 78: TotalEnergies SE Financial Performance
  • Table 79: BP Chemicals plc Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Toluene Market, Segmentation By Production Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Toluene Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Toluene Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Toluene Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Toluene Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: China National Petroleum Corp. Financial Performance
  • Figure 76: Exxon Mobil Corporation Financial Performance
  • Figure 77: Royal Dutch Shell plc Financial Performance
  • Figure 78: TotalEnergies SE Financial Performance
  • Figure 79: BP Chemicals plc Financial Performance
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Frequently Asked Questions

What is the definition of the toluene market?

Toluene is a colorless flammable liquid obtained from coal tar or petroleum. It is used in aviation fuel and other high-octane fuels, dyestuffs, and explosives. Toluene is also used as a solvent for gums and lacquers. For further insights on the toluene market, request a sample here

How will the toluene market drivers and restraints affect the toluene market dynamics? What forces will shape the toluene industry going forward?

The toluene market growth is aided by emerging demand for aromatics in the petrochemical industry. However, some toluene market restraints include fluctuations in crude oil prices. For further insights on the toluene market, request a sample here

What is the forecast market size or the forecast market value of the toluene market?

The toluene market is expected to reach $32.81 billion in 2027 at a rate of 2.4%. For further insights on the toluene market, request a sample here

How is the toluene market segmented?

The global toluene market is segmented as
1) By Type: Benzene and Xylene, Solvents, Gasoline Additives, TDI (Toluene diisocyanate), Trinitrotoluene, Benzoic acid, Benzaldehyde
2) By Production Process: Reformation Process, Pigs Process, Coke/Coal Process, Styrene Process
3) By Application: Drugs, Dyes, Blending, Cosmetic Nail Products, Other Applications (TNT, Pesticides, and Fertilizers)
4) By End User Industry: Building and Construction, Automotive, Oil and Gas, Consumer Appliances
For further insights on the toluene market, request a sample here

Which region has the largest share of the toluene market? What are the largest region's market size and growth rate?

Asia-Pacific was the largest region in the toluene market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

Who are the major players in the toluene market?

Key competitors in the toluene market are, Exxon Mobil Corporation, Sinopec, Royal Dutch Shell PLC, Reliance Industries, BASF SE, Valero Energy, BP Chemicals, China National Petroleum, Mitsui Chemicals, Chevron Phillips, Nova Chemicals, Sherwin-Williams, Total SA, Lyondell Basel, Covestro AG, Formosa Plastics, CPC Corporation, China Petroleum & Chemical Corporation, SK Innovation, Braskem SA, Koch Industries, JX Nippon Oil and Energy, Mitsubishi Chemical Corporation, BP P.L.C., Mitsui & Co, S.K. Global Chemical Co Ltd, GS Caltex, Formosa Chemical & Fiber Corporation, Stepan. For further insights on the toluene market, request a sample here.

What are the key trends in the toluene market?

Major trends influencing the toluene market include increasingly using toluene di-isocyanate as a raw material in the manufacturing of flexible foam applications. Toluene di-isocyanate (TDI) is a chemical used in polyurethane production, especially in flexible foam applications such as furniture and bedding, and also in packaging applications. For further insights on the toluene market, request a sample here.

What are the major opportunities in the toluene market? What are the strategies for the toluene market?

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How does the toluene market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the toluene industry?

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What are the key dynamics influencing the toluene market growth? SWOT analysis of the toluene market.

For detailed insights on the key dynamics influencing the toluene market growth and SWOT analysis of the toluene industry, request a sample here.